Future of bitcoin in India: Issues and challenges

Abstract

Purpose - The main purpose of the study is to classify the different barriers in adoptions of Bitcoins and provide the appropriate elucidations for the problems faced by Bitcoin users in India.Design/ methodology/ approach - The study reviews researches on the adoption of Bitcoin as a medium of transactions and investments. A review of literature has been carried out to explore various existing Bitcoin. A case study has been conducted on Bitcoin and its adoption by individuals in different countries. AHP has been used to propose the model and for insights.Originality/value - Bitcoin adoption is still an unexplored area of research. This research has attempted to explore the root causes of the non-adoption of Bitcoin in different countries.